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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

Fico Collections

Census Bureau reports advanced estimates that retail sales were down 1.2% However, the active rate of 52% continues to be higher than historically observed compared to a stable rate around 49% in 2019. Credit card lenders are not only dealing with higher loss forecasts in 2023. from February 2023 to March 2023. year-over-year.

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Delivering Trust for Risk-Aware Telcos - Using Data and Analytics

Fico Collections

Tue, 07/02/2019 - 05:23. Wed, 09/28/2022 - 15:25. Telecommunication, in common with all lenders, know they’re operating in a highly aggressive market – but want successful risk-aware, customer acquisition programmes to retain and grow market share, while maximizing profit. FICO Admin. by Tim Young. expand_less Back To Top.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On May 2, the Federal Housing Administration published Mortgagee Letter 2023-09 to implement provisions of the Adjustable-Rate Mortgages (ARM): Transitioning from LIBOR to Alternative Indices final rule. Strengthen Retail (Consumer) Investor Protections. For more information about the White House’s blog post, click here.

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FCA’s Consumer Duty Mandates Sharper Use of Technology

Fico Collections

Thu, 12/19/2019 - 16:29. Mon, 01/09/2023 - 10:20. Every UK bank, lender and financial services firm is likely to have the FCA’s Consumer Duty front-of-mind right now. It gives a simple instruction that firms “must act to deliver good outcomes for retail customers”. Act in good faith towards retail consumers.

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